FinTech News & Updates

Stay informed with the latest breaking news, market updates, and industry developments

Dec 04, 2024 FinTech News

Rabobank Invests in Fraud Detection Fintech ThreatFabric

Dutch banking giant Rabobank has deepened its relationship with ThreatFabric, a fraud detection fintech, by investing through its Rabo Investments…

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Dec 04, 2024 FinTech News

KPay Secures $55M in Record-Breaking Series A Funding

Singapore-based KPay Group has closed a $55 million Series A funding round, marking the largest Series A in the global…

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Dec 04, 2024 FinTech News

EBAday 2025 Opens Applications for Fintech Zone Pitch Contest in Paris

Finextra and the Euro Banking Association (EBA) are inviting fintech startups and scale-ups to apply for the Fintech Zone at…

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Dec 03, 2024 FinTech News

Lumin Digital Secures $160M in Growth Equity to Expand Digital Banking Solutions

Lumin Digital, a cloud-native digital banking platform, has raised over $160 million in growth equity financing from prominent investors, including…

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Dec 03, 2024 FinTech News

Deel Acquires Wise Rival Atlantic Money to Bolster Payment Capabilities

Deel, a global payroll provider, has acquired UK-based fintech Atlantic Money, which was established to challenge Wise in the money…

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Dec 03, 2024 FinTech News

UK Moves Forward with Digital ID Initiative for Businesses

The UK is making strides toward the creation of a digital company ID, aimed at enhancing business efficiency and reducing…

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Dec 02, 2024 FinTech News

Tembo Secures £14 Million in Series B to Expand Savings and Mortgage Solutions

London-based Tembo, a digital savings and mortgage platform, has raised £14 million in a Series B funding round led by…

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Dec 02, 2024 FinTech News

MUFG Acquires WealthNavi for $664 Million in Strategic Expansion

Mitsubishi UFJ Financial Group (MUFG) has announced plans to acquire 100% ownership of Japan’s leading robo-advisor, WealthNavi, for $664 million.…

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Nov 30, 2024 FinTech News

Commonwealth Bank Leverages AI to Slash Fraud Rates by 50%

Commonwealth Bank of Australia (CBA) has reported significant success in combating fraud through the early adoption of Generative AI (GenAI)…

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Nov 30, 2024 FinTech News

Norwegian Krone to Join Eurosystem’s Instant Payment Service by 2028

Norway has officially partnered with the Eurosystem’s Target Instant Payment Settlement (Tips) service, planning to add the Norwegian krone (NOK)…

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